DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Bill Witte's Retirement: Downtown LA's Future
Bill Witte's Retirement: Downtown LA's Future

Bill Witte's Retirement: Downtown LA's Future

Update: 2025-12-24
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Bill Witte, a prominent Southern California real estate leader, is retiring after three decades at the helm of Related California. He founded the company in 1989 and transformed it into a West Coast powerhouse with over twenty-one thousand residential units. Wittes developments include luxury spots like the Grand LA and affordable housing projects. He believes downtown Los Angeles is thriving, but government intervention is needed to truly revitalize it. Wittes passion for urban planning began in New York and was honed through his work in Philadelphia and San Francisco. He emphasizes the importance of small details like cleanliness and security in making downtown areas welcoming. Wittes company benefits from a tax measure for affordable housing, but faces challenges due to labor rules and costs. As he steps down, he urges city leaders to signal openness to growth to ensure downtowns bright future.

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Bill Witte's Retirement: Downtown LA's Future

Bill Witte's Retirement: Downtown LA's Future